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HopeWorks Station Residential 5/1/2018
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HopeWorks Station Residential 5/1/2018
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Last modified
7/30/2019 10:39:47 AM
Creation date
7/30/2019 10:39:13 AM
Metadata
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Contracts
Contractor's Name
HopeWorks Station Residential
Approval Date
5/1/2018
Council Approval Date
5/10/2017
End Date
12/31/2059
Department
Planning
Department Project Manager
Rebecca McCrary
Subject / Project Title
HopeWorks Station II Housing
Tracking Number
0001906
Total Compensation
$500,537.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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transactions made with assistance under this Loan Agreement to compliance with those <br /> applicable standards. <br /> O. Rehabilitation Standards <br /> When rehabilitation is part of a HOME funded project, the scope of rehabilitation must <br /> meet or exceed the minimum housing rehabilitation standards set forth in the Snohomish <br /> County Urban County Consortium Rehabilitation Standards for HOME-Funded Projects <br /> and Programs, dated February 26, 2014, or as hereinafter amended by the Snohomish <br /> County. <br /> P. Architectural and Engineering Services <br /> With regard to the capital improvements specified in Exhibit A under this Loan Agreement, <br /> the Agency shall administer the Project in such a way as to ensure completion of the <br /> Project satisfactory to the City. At a minimum, the Agency shall use the services of a <br /> professional architect or engineer to perform Project design and contract administration. <br /> The Agency shall require that all architectural or engineering firms subcontracted for <br /> services certify that they are authorized to do business in the state of Washington and that <br /> they are in full compliance with the requirements of the Board of Professional Registration, <br /> and applicable requirements under Washington state law. The Agency shall require that <br /> all architectural or engineering firms be covered by Professional Liability Errors and <br /> Omissions Insurance in an amount not less than the $1,000,000 Occurrence/$1,000,000 <br /> Aggregate. The Agency shall cause the subcontractor to provide the City with a 45-day <br /> prior written notice of cancellation issued by the insurance company. <br /> Q. Procurement Contracts <br /> 1. The following provisions apply to procurements of supplies, equipment, construction, <br /> or other services financed in whole or part under this Loan Agreement: <br /> a. The Agency, as an owner, sponsor and/or developer, is not subject to federal <br /> procurement requirements contained in the applicable uniform administrative <br /> requirements as set forth at Section II-A of this Loan Agreement but is encouraged <br /> to comply with those standards. <br /> b. All procurement contracts financed in part or in whole with funds under this Loan <br /> Agreement shall contain insurance provisions that at a minimum are equal to those <br /> insurance provisions contained in SUB-GRANTEE GENERAL CONDITIONS-- <br /> General Conditions Construction Contracts Assisted Under the City of Everett as <br /> these provisions may be amended from time to time and The Snohomish County <br /> Home Investment Partnership Program, on file in the Snohomish County Office of <br /> Housing and Community Development or its successor County agency or <br /> department ("OHCD"), as those provisions may be amended from time to time. <br /> c. Bid procedures and bid documents must be approved by the City prior to award of <br /> any contracts for construction services for capital improvements financed in whole <br /> or in part under this Loan Agreement, which approval will not be unreasonably <br /> withheld. <br /> Loan Agreement <br /> Housing Hope Properties <br /> Page 11 of 51 <br />
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